World and Turkish Pharmaceutical Market

World Pharmaceutical Market

The world pharmaceutical market reached 1.5 trillion USD in 2022. Turkey ranked 21th in 2022.

Source: IQVIA

Turkish Pharmaceutical Market

Turkish Pharmaceutical Market (ex-factory prices)

The Turkish pharmaceutical market reached 109,8 billion TRY in 2022. During the same period unit sales reached 2,55 billion units.

Turkish Pharmaceutical Market

Source: IQVIA, İEİS

 

Originator vs. Generic Drugs

Originator – Generic Drugs on Value Scale (TRY -Billion)

Source: IQVIA, İEİS

Originator – Generic Drugs on Volume Scale (Unit - Billion)

Source: IQVIA, İEİS

Market Share of Originator vs Generic Drugs

Value Market Share                                                    Volume Market Share

 
Source: IQVIA, İEİS

Import-Local Products

Import – Local Drugs on Value Scale (TRY - Billion)
Source: IQVIA, İEİS

Import – Local Drugs on Volume Scale (Unit -Billion)
Source: IQVIA, İEİS

 

Market Share of Import vs Local Drugs

Value Market Share                                                              Volume Market Share

Source: IQVIA, İEİS

Pharmaceutical Consumption by Therapeutic Class

Pharmaceutical Consumption in Value Terms by Therapeutical Class

Oncology represented the largest proportion by value, accounting for 15,2% of the total market. 

Source: IQVIA, İEİS
“Antibiotics: ATC groups of Antibacterial, Antimycotics and Antivirals”

Pharmaceutical Consumption in Volume Terms by Therapeutical Class

Antirheumatic drugs represented the largest proportion by volume, accounting for 9,7% of the total market.

Source: IQVIA, İEİS
“Antibiotics: ATC groups of Antibacterial, Antimycotics and Antivirals”

Biotechnological Products

Biotechnological products constituted 18,3% of prescription products with 20,1 billion TRY and 33,3 million units in 2022. The reference biotechnological pharmaceutical market grew by 75,2% to total 17,5 billion TRY. Biosimilar drugs market increased by 63,2% and reached 2,6 billion TRY.

Biotechnological Drugs on Value Scale (TRY- Billion)
Source: IQVIA, İEİS

Biotechnological Drugs on Volume Scale (Unit- Billion)
Source: IQVIA, İEİS

Foreign Trade

Pharmaceutical exports reached $1,92 billion in 2022.

Pharmaceutical Exports

Source: TurkStat, İEİS

Pharmaceutical Imports

Source: TurkStat, İEİS